NGSNYSEOil & Gas Field Services, NECFiscal year ends December 31
NATURAL GAS SERVICES GROUP INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$31.04−0.06 (-0.19%)
Close on Oct 19, 2026
- Market cap
- $398.62M
- P/E (TTM)
- 19.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
58.3%
Operating margin
21.6%+26.9 pts over 5 years
Net margin
11.6%+8.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.9% | +26.6% | +20.4% | +6.0% | |
| Gross profit | +14.3% | +37.7% | – | – | |
| Operating income | +11.9% | +342.3% | – | +9.4% | |
| Net income | +15.7% | – | +61.6% | +7.0% | |
| EPS, diluted | +14.6% | – | +62.2% | +7.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 2.8% | 0.7% | 7.5% | |
| Return on assets | 2.2% | 0.6% | 3.7% | |
| Current ratio | 14.67 | 6.70 | 2.33 | |
| Interest coverage | 1053.8× | -257.1× | 2.7× | |
| Inventory turnover | – | – | 3.7× | |
| Capex to revenue | 4.6% | 22.4% | 70.5% | |
| Diluted shares | 13M | 13M | 13M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Natural Gas Services generated $203.71M from operations and spent $455.31M on capital expenditure, dividends and share buybacks. 96% of that went back into the business.
Generated
$203.71M
Used
$455.31M
Capital expenditure$438.16M96%Dividends$2.64M1%Share buybacks$14.51M3%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin11.6%
×Asset turnover0.32×
×Equity multiplier2.04×
=Return on equity, FY20257.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 11.6% | 0.32× | 2.04× | 7.5% |
| FY2024 | 11.0% | 0.32× | 1.98× | 7.0% |
| FY2023 | 3.9% | 0.30× | 1.73× | 2.0% |
| FY2022 | -0.7% | 0.27× | 1.35× | -0.2% |
| FY2021 | -12.7% | 0.24× | 1.24× | -3.8% |
| FY2020 | 2.7% | 0.23× | 1.19× | 0.7% |
| FY2019 | -17.7% | 0.27× | 1.17× | -5.5% |
| FY2018 | -0.7% | 0.22× | 1.17× | -0.2% |
| FY2017 | 29.2% | 0.23× | 1.21× | 8.1% |
| FY2016 | 9.0% | 0.25× | 1.27× | 2.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$19.93M
- Cash generatingOperating cash flow above zero$62.93M
- Return on assets improvedROA up on the prior year3.6% → 4.0%
- Earnings backed by cashOperating cash flow above net income$62.93M vs $19.93M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.78 → 2.33
- No dilutionShare count did not rise13M → 13M
- Gross margin improvedGross margin up on the prior year56.13% → 58.34%
- More efficientAsset turnover rose0.33 → 0.35